Form Labs – Week 12

07/05/2012

Rich Reviews Form Labs

Remember these are just example systems using the FormLabs software. You could develop whatever system you wanted.

Briefly, this is a software database that uses past results to find bets for upcoming fixtures. I am running a test system for each of the three available versions.

The results I give are for “Game Notes” (Lite Version); “Half-Time In-Play” (Pro Version); “60 Minute Live Logic” (Black Version). All results are to Betfair odds available at the time, with 5% Commission deducted. I have a starting bank for each system of £100 and £10 stakes. For Lay bets my liability is approximately £10.

Game Notes, another losing week as the poor end of the season form continues to eat into our profit. The matches marked with an asterix * denote selections that fit the 2.5 goal system described on the Form Labs sales pages. I’ll summarise them at the end of the review.

Form Labs Lite Game Notes Week 12 £100 Start
Date Match Bet Odds Stake P/L Net Balance
05/05/12 £0.00 £263.06
*Arsenal Over 2.5 1.41 £10.00 £4.10 £3.90 £266.96
B Dortmund H/FT H/H 1.88 £10.00 £8.80 £8.36 £275.32
Koln HT Away 2.16 £10.00 £11.60 £11.02 £286.34
*Gijon Under 2.5 2.20 £10.00 -£10.00 -£10.00 £276.34
Mallorca Home Score First 1.59 £10.00 £5.90 £5.61 £281.94
Lecce Draw 3.40 £10.00 -£10.00 -£10.00 £271.94
Day Total £8.88 £271.94
06/05/12 Newcastle Home Win 4.90 £10.00 -£10.00 -£10.00 £261.94
Bologna Away Score First 1.52 £10.00 -£10.00 -£10.00 £251.94
Udinese Home Score First 1.47 £10.00 £4.70 £4.47 £256.41
Mun U Clean Sheet 1.99 £10.00 £9.90 £9.41 £265.81
Cagliari Away Score First 1.35 £10.00 £3.50 £3.33 £269.14
AC Milan Away Score First 1.72 £10.00 -£10.00 -£10.00 £259.14
Day Total -£12.81 £259.14

Half-Time In-Play: I wasn’t about much this week to do half-times.


60 Minute Live Logic: I wasn’t about much this week to do 60 minute bets.

Summary of Results:

“Game Notes” (Lite Version)

Start Bank: £100

This week’s P/L: -£3.92

Running Balance: £259.14

“Half-Time In-Play” (Pro Version)

Start Bank: £100

This week’s P/L: £0.00

Running Balance: £152.03

“60 Minute Live Logic” (Black Version)

Start Bank: £100

This week’s P/L: £0.00

Running Balance: £260.41

See the sales page that compares all the three versions of Form Labs here…

Final Review to follow shortly.

Rich Reviewing Form Labs